this will be representing about two-thirds of the eu g.d.p. that will look at this together as man occurred a long time cost. >> the view shared by germany and france is that those active on the financial markets' share some of the costs of the process. >> the european commission must decide how the transaction tax would be collected, how much it would be, and how the proceeds would be used. it may be some time yet before they are forced to pay. >> it seems that prospects remain bright for the german economy. one of the most closely watched indicators have hit its highest level in nearly three years. what they believe the up be moved in the markets will continue to go ahead with business plans. this survey is being taken at the -- that the the german economy as well as europe could rebound. >> how did investors react to the news? we have more from frankfurt. >> there was a lot of good news to the market which is hugely applauding. the bank of japan made an open- ended commitment to buy assets flooding the market, but they think it is more dama